Instrument Blending within Results-Based Climate Finance Programs Piloting New Crediting Mechanisms
Project description
The study explores how results-based funding could be delivered effectively by using tools and processes of crediting mechanisms. The study focuses on key design aspects for programmes using crediting mechanisms, including the suitability of using crediting mechanisms to deliver results-based funding, achieving a high mitigation impact, fostering transformational change, ensuring environmental and social safeguards, and avoiding double counting of efforts. The study, funded by the German Federal Ministry for the Environment, Nature Conservation, Building and Nuclear Safety, was led by the Öko-Institut in Germany and co-authored by Lambert Schneider and Martin Cames. The final report can be downloaded at here.